Rupee plunges by 12.89 in opposition to US greenback over IMF deal delay

Money trader counts rupee notes. — AFP/File
Cash dealer counts rupee notes. — AFP/File

KARACHI: Forward of the financial coverage evaluate and delay within the Worldwide Financial Fund (IMF) deal, the native unit plunged by over Rs6.83 in opposition to the US greenback throughout intra-day commerce within the interbank market.

The dollar was being traded at Rs279 in opposition to the native forex at round 10:45am. It had closed at Rs266.11 a day earlier.

It is a creating story and is being up to date with extra particulars.

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